Published 54 minutes ago • loading... • Updated 5 hours ago
Crypto super PAC to spend $30M opposing Sherrod Brown in Ohio
Fairshake’s biggest single-candidate spend this cycle comes after Senate Democrats blocked the Clarity Act, which would have favored crypto firms.
On Monday, the crypto industry's super PAC, Fairshake, announced a $30 million advertising campaign against former Senator Sherrod Brown, a Democrat attempting a comeback in the Ohio Senate race.
This aggressive spending follows last week's Senate vote blocking the Clarity Act, legislation every Senate Democrat opposed despite industry efforts to secure favorable regulatory treatment.
Fairshake holds a combined $120.4 million war chest across affiliated committees, building on the $41 million it spent attacking Brown in 2024 when he chaired the Senate Banking Committee.
Brown faces Republican Senator Jon Husted in a race where current polling shows 48% support for Brown versus 45% for the incumbent, while the Democrat's campaign manager Patrick Eisenhauer criticized billionaire influence.
Fairshake plans additional spending in House and Senate races in the coming weeks, aiming to shift the Senate majority after the industry's top legislative priority failed to pass.